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142-146 FERGUS AVENUE, Kitchener, Ontario, N2A 2H2

MLS® # X12145095
Vacant Land For Sale In Stanley Park, Kitchener, Ontario
$3,388,888
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
142-146 Fergus Avenue, Kitchener, ON
  • Advertising
142-146 FERGUS AVENUE, Kitchener, Ontario, N2A 2H2
$3,388,888

Property Information:

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income. (id:27)

Building Features:

  • Air Conditioning: Yes
  • Floor Space: 1 ac
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Vacant Land
  • Floor Space (approx): 1 Square Feet
  • Lot Depth: 331.7 Feet
  • Lot Frontage: 127.3 Feet
  • Zoning: R3

Courtesy of: HOME LEADER REALTY INC.

REALTOR.ca  

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Market Price Trends

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Location of 142-146 FERGUS AVENUE, Kitchener, Ontario, N2A 2H2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 142-146 FERGUS AVENUE , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 142-146 FERGUS AVENUE , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.8mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
396.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 142-146 FERGUS AVENUE, Kitchener, Ontario, N2A 2H2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$105,656.95

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.33 %

High school certificate or equivalent

33.13 %

Apprenticeship trade certificate/diploma

6.21 %

College/non-university certificate

24.13 %

University certificate (below bachelor)

0.87 %

University Degree

14.34 %

Commuter

Travel To Work

By Car

88.31 %

By Public Transit

5.33 %

By Walking

2.66 %

By Bicycle

0.0 %

By Other Methods

3.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.1 %

Houses

74.9 %

Own Vs. Rent

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